Hiding the harsh realities of the “creative destruction of capitalism”

Conservative dynamo Tammy Bruce recently took a look at the how the federal government is masking the realities of our very questionable economic “recovery,”  disguising  the fact that 20 percent of American families do not have a single person in the household who is employed.

That kind of image is not great if your party is trying to market itself ahead of the November election.  Subsequently, new technologies end up hiding the true impact of the stagnant economy.

In order to file for unemployment benefits, you used to have to stand in line at the “unemployment office,” and speak person-to-person, describing what happened and what sort of work you wanted. Even more importantly, you saw you were not alone.These days? Go online and file a claim.Not only do you never need to leave your house, you also never see the physical reality of how many of your neighbors are in the same boat as you are. Instead, after you get your Electronic Benefits Transfer (EBT) card and click online to get your check, you hear politicians and their mainstream media propagandists on television telling you how fabulous everything is while waxing optimistically about the strength of the “recovery.”

Bruce also cited a California city’s desperate attempt to hide its “Obamaville” by using pods as “micro-housing”. This video takes a look at the realities of the San Jose tent cities that government bureaucrats want to hide.

In fact, San Jose isn’t the only area reeling under the effects of “stimulus efforts.” According to another set of federal statistics, almost 24% of the Golden State’s citizens live in poverty.

The realities of those numbers have been highlighted by the recent news that Toyota is leaving Torrence. Chris Reed of Cal Watchdog had this analysis of Governor Jerry Brown’s response to the company’s decision.

If you live in a state that has by far the highest effective poverty rate in the U.S. — at just under one-quarter of the population — you would seem unlikely to express satisfaction with the economics status quo.But if you’re the governor of that state, and the media think you’re a whiz-bang because there aren’t any more budget stalemates every summer, you can just blithely say that 24 percent poverty is just the way it is, man. This was in the Sac Bee.“Brown defended California’s business environment, citing venture capital and foreign investment in the state.“There’s a fellow named Schumpeter who talked about the creative destruction of capitalism,” he said, referencing the economist Joseph Schumpeter. “And, I put the emphasis on creative, and, change is inevitable. We’re getting 60 percent of the venture capital, we’re the number one place for direct foreign investment in the United States. Do we have everything in all respects? No. But we have an abundance that constitutes a two trillion dollar economy.”

It looks like the politicians in charge of this destruction are going to have to remain creative in their attempts to hide the economic carnage.

CLICK HERE FOR FULL VERSION OF THIS STORY